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Submission + - Overestimates of the cost of illegal downloading (guardian.co.uk)

fruey writes: "Ben Goldacre, well known for lambasting bad science, looks at figures from a recent article in Britain's most read daily newspaper, the Sun.

MORE than 7 million Brits use illegal downloading sites that cost the economy billions of pounds, government advisers said today. Researchers found more than a million people using a download site in ONE day and estimated that in a year they would use £120bn worth of material

If you make up grossly exaggerated figures — "that's £175 a week or £8,750 a year potentially not being spent by millions of people. Is this really lost revenue for the economy?" — how can you then be taken seriously about the impact of illegal downloading? And when will people just accept that you can't put a price on lost revenue for intangible goods?"

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Overestimates of the cost of illegal downloading

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